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| After dropping another 7% following the latest update, IPG's stock price is now trading near to a decade-long low. New CEO Mark Gitin is hopeful of an upturn in fortunes when sales of new lasers for applications in urology and micromachining start to kick in later this year, but the firm's key markets of laser welding and cutting remain in the doldrums for now. Image: nasdaq.com. |
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